Eni hits 25K bbl/day at north Alaska oil field

|By:, SA News Editor

Eni (E +1.6%) reports it has achieved oil production of 25K bbl/day at its Nikaitchuq field, offshore Alaska's North Slope of Alaska.

Development has included the drilling of wells and the construction of facilities both on land and on an artificial island built by Eni in the Beaufort Sea.

Nikaitchuq is the first field to be operated by Eni in the Arctic region, and holds estimated reserves of 200M barrels of crude oil.